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Tag: Edward Lampert

Industries, Retail & Wholesale

Eddie Lampert’s Winning Bankruptcy Bid Saves Sears—And 50,000 U.S. Jobs

January 16, 2019

Via: Fortune

Sears is saved—for now. The company’s chairman and hedge fund manager Edward Lampert won the U.S. department store chain in a bankruptcy auction with a bid of approximately $5.2 billion, according to Reuters and the Wall Street Journal. Lampert’s winning […]